Consumer sentiment slumps in early Feb., UMich says

[UpInArms]

http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?guid={4973C50E-07F5-4A53-8549-41EC56E1A5AD}&siteid=mktw&dist=bnb

WASHINGTON (CBS.MW) -- Consumer sentiment eroded in early February, according to researchers at the University of Michigan. The consumer sentiment index fell to 93.1 from 103.8 in January. The drop was much worse than expected.

...very short news blurb - but there is more...

[Bandit]

1. I saw a blurb in LBN yesterday that said consumer confidence down in

January also. The economy is roaring.

[ClintonTyree]

2. Not so much a slump.................

more of a plummet. The wall street sheep seem to shrugging it off though, nothing can deter unbridled greed. I strongly suggest divesting oneself from the market before too long. This house of cards cannot sustain itself forever.